Volume of remittances (in United States dollars) as a proportion of in Middle Africa
Middle Africa: Volume of remittances (in United States dollars) as a proportion of was 1.2% in 2024. ◆ Volatile
Volume of remittances (in United States dollars) as a proportion of in Middle Africa, 2008–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
The most recent figure for volume of remittances (in united states dollars) as a proportion of in Middle Africa is 1.2%, measured in 2024.
That represents a change of down 32.6% on the previous year and up 182.6% over ten years.
Over the whole period, volume of remittances (in united states dollars) as a proportion of in Middle Africa peaked at 1.9% in 2023 and was at its lowest, 0.1%, in 2010.
That places Middle Africa 16th out of 36 groups with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Volume of remittances (in United States dollars) as a proportion of in Middle Africa, year by year
| Year | Value | Change |
|---|---|---|
| 2008 | 0.2% | — |
| 2009 | 0.2% | -1.8% |
| 2010 | 0.1% | -23.6% |
| 2011 | 0.7% | +412.5% |
| 2012 | 0.5% | -24.1% |
| 2013 | 0.6% | +9.4% |
| 2014 | 0.4% | -19.9% |
| 2015 | 0.7% | +66.7% |
| 2016 | 0.6% | -15.6% |
| 2017 | 0.9% | +43.5% |
| 2018 | 1.2% | +38.1% |
| 2019 | 1.4% | +10.4% |
| 2020 | 1.0% | -27.6% |
| 2021 | 0.9% | -5.9% |
| 2022 | 1.6% | +72.4% |
| 2023 | 1.9% | +15.8% |
| 2024 | 1.2% | -32.6% |
Biggest year-on-year movements
Years where Volume of remittances (in United States dollars) as a proportion of in Middle Africa changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2011 | +412.5% | 0.1% | 0.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.2% | 0.2% | 0.2% | 2 |
| 2010s | 0.7% | 0.1% | 1.4% | 10 |
| 2020s | 1.3% | 0.9% | 1.9% | 5 |
Countries ranked near Middle Africa
More economy & growth data for Middle Africa
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices 1.12 % (2024)
- Gross Domestic Product — Value US$ 286,309 million USD (2024)
- Gross Domestic Product — Value US$ per capita 1,345 USD (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 1,293 USD (2024)
- Gross Domestic Product — Value US$, 2015 prices 275,284 million USD (2024)
- Gross Domestic Product — Annual growth US$ 3.59 % (2024)
- Gross Domestic Product — Annual growth US$ per capita 0.2868 % (2024)
- Gross Domestic Product — Annual growth US$, 2015 prices 4.45 % (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth 13.66 % change on previous year (2024)
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices 13.66 % (2024)
Frequently asked questions
- What is volume of remittances (in united states dollars) as a proportion of in Middle Africa?
- Volume of remittances (in united states dollars) as a proportion of in Middle Africa was 1.2% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest volume of remittances (in united states dollars) as a proportion of recorded in Middle Africa?
- The highest recorded value was 1.9% in 2023.
- What is the lowest volume of remittances (in united states dollars) as a proportion of recorded in Middle Africa?
- The lowest recorded value was 0.1% in 2010.
- How does Middle Africa rank for volume of remittances (in united states dollars) as a proportion of?
- Middle Africa ranks 16th out of 36 groups with data for 2024.
- Is volume of remittances (in united states dollars) as a proportion of rising or falling in Middle Africa?
- Over the last ten years it is up 182.6%. The long-run trend across the full record is volatile.
- Where does this Middle Africa data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Volume of remittances (in United States dollars) as a proportion of total GDP (%). Statizoid updates them automatically from the source API.
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